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Electric assist bicycle a billion business

elektrische fiets met hulpmotorThe growing popularity of Electric assist bicycle shakes the European bicycle industry finally awoke. While Germany is by far the biggest cycling nation in Europe, is currently number in terms of selling Electric assist bicycle are outweighed by the Benelux. The huge difference in pricing between a normal bike and an e-bike is the reason behind this change.

The e-bike sales marches in many European countries.This is indicated by statistics in the reports of the bicycle market in Europe are published. As the trend increases rapidly changing e-bikes in the bike industry one billion big business.

The reports of the Dutch Statistics Agency (CBS) that the bikes in Europe last year submitted taxeerden € 1.9 billion, of which 30% came from the Netherlands. Second in the ranking is Germany with € 340 billion (18% of the total market) and France is third with € 170 billion (8% of the total market).

In 2008 the total output of the Dutch bicycle manufacturing valued at € 577 million, an increase of 20% on 2007. The Netherlands is this important position due to a high average value per unit. This amount has increased in the past years by the increasing popularity of e-bikes. because the advanced technology, the average value of an e-bike far beyond that of a standard bicycle. Last year the Dutch bought about 125,000 e-bikes. That is about 10% of the market in volume. It expects this to increase to 25-30% in five years time.

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The growing popularity of electric bicycles shakes the European bicycle industry finally awoke. While Germany is by far the biggest cycling nation in Europe, is currently number in terms of selling e-bikes are outweighed by the Benelux. The huge difference in pricing between a normal bike and an e-bike is the reason behind this change. Read more>>>